Piper Sandler
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This Tesla bull makes a bold claim: The company has solved the ‘self-driving puzzle’
A Piper Sandler analyst says Tesla’s autonomous-driving technologies are more advanced than even the company will say.
Secret routes & ghost tankers: Here's why crude hasn't hit $200 yet
Oil prices have surged since Iran’s closure of the Strait of Hormuz and the subsequent US naval blockade of Iranian ports, yet crude has stopped well short of the $200-a-barrel levels many analysts once feared. According to maritime intelligence firm TankerTrackers, one key reason is the emergence of alternative shipping networks that are allowing oil and cargo to continue flowing despite the disruption. The company reported a sharp rise in covert “dark” ship-to-ship transfers across the...
Jim Cramer's top 10 things to watch in the stock market Tuesday
My top 10 things to watch Tuesday, June 2 1. Marvell Technology is flying over 20% this morning after Nvidia CEO Jensen Huang said at Computex that the networking supplier and custom AI chip designer could be the next trillion-dollar company. Marvell ended yesterday with a market cap of $192 billion.
The World Cup will likely be the biggest gambling event in history
The 2026 FIFA World Cup is expected to be the biggest betting event in history — and the first to test the U.S. sports-wagering market at full scale. The tournament kicks off Thursday in Mexico City and will end about six weeks later at MetLife Stadium in East Rutherford, N.J. Between those two bookends, 48 teams will compete in 104 matches.
Wall Street's 'fear gauge' punches back as the 'crash up' in chip stocks finally reverses
It's been one of the wildest stock markets on record lately but you wouldn't have known it looking at the Cboe Volatility Index. Friday's sell-off just made things a lot clearer. The non-stop, two-month 80% rally in semiconductor stocks that added roughly half a trillion dollars in market cap to the Nasdaq 100, spurred one of the most successful ETF launches in history, and birthed dozens of eye-popping, parabolic single stock moves, finally hit a wall on Friday as the VanEck Semiconductor...
Kalshi wants small businesses to hedge like Wall Street. A NYC bar is trying it with Knicks promotion
Kalshi is relying on Wednesday's Knicks game and a New York City bar to show off its hedging-for-the-masses strategy. A local New York City bar on the Upper East Side is promising customers that if the Knicks win its first game against the Spurs, it will pay for everyone's tab. It's able to execute that bold promise because of hedging.